Blackstone "has experience buying debt and the flexibility as to how they capitalize, whether they take control of the asset or flip it," said Ben Thypin, senior market analyst at real estate tracking firm Real Capital Analytics. "The bottom line is the note sale at this price reflects the high level of demand for Class A office [space]."

Ben Carlos Thypin

I am currently the co-founder of Quantierra, the world's first data driven real estate brokerage and investment manager. In my former life as Director of Market Analysis at Real Capital Analytics, I worked with press outlets large and small to provide them with great data and insightful commentary. Here are some of the results of this collaboration. For the rest, please check out the News Archive.